Classify the following item as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle:

a. Purchase raw materials
b. Pay off mortgage on a factory
c. Hire a new assistant controller
d. Establish a SIO, OOO credit limit for a new customer
e. Pay for raw materials
f. Disburse payroll checks to factory workers
g. Record goods received from a vendor
h. Update the allowance for doubtful accounts
i. Decide how many units to make next month
j. Complete a picking ticket for a customer order
k. Record factory employee timecards
l. Sell concert tickets
m. Draw on line of credit
n. Send new employees to a business ethics course
o. Pay utility bills
p. Pay property taxes on an office building
q. Pay federal payroll taxes
r. Sell a DVD player
s. Collect payments on customer accounts
t. Obtain a bank loan
u. Pay sales commissions
v. Send an order to a vendor
w. Put purchased goods into the warehouse

Alpha company uses the periodic inventory system for purchase & sales of merchandise. discount terms for both purchases & sales are, 2/10, n30 and the gross method is used. unless otherwise noted, fob destination will apply to all purchases & sales. the value of inventory is based on periodic system. on january 1, 2016, beginning inventory consisted of 350 units of widgets costing $10 each. alpha prepares monthly income statements. the following events occurred during the month of jan.: dateactivitya.jan. 3purchased on account 350 widgets for $11 each.b.jan. 5sold on account 400 widgets for $30 each. paid freight out with petty cash of $150.c.jan. 10purchased on account 625 widgets for $12 each.d.jan. 11shipping cost for the january 10 purchased merchandise was $400 was paid with a cheque by alpha directly to the freight company.e.jan. 12returned 50 widgets received from jan. 10 purchase as they were not the correct item ordered.f.jan. 13paid for the purchases made on jan. 3.g.jan. 21sold on account 550 widgets for $30 each. paid freight out with petty cash of $250.h.jan. 22authorize credit without return of goods for 50 widgets sold on jan. 21 when customer advised that they were received in defective condition.i.jan. 25received payment for the sale made on jan. 5.j.jan. 26paid for the purchases made on jan. 10.k.jan. 31received payment for the sale made on jan. 21.use this information to prepare the general journal entries (without explanation) for the january events. if no entry is required then enter the date and write "no entry required."

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be: